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Intevac (Intevac) Days Inventory : 753.30 (As of Mar. 2024)


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What is Intevac Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). Intevac's Average Total Inventories for the three months ended in Mar. 2024 was $44.80 Mil. Intevac's Cost of Goods Sold for the three months ended in Mar. 2024 was $5.43 Mil. Hence, Intevac's Days Inventory for the three months ended in Mar. 2024 was 753.30.

The historical rank and industry rank for Intevac's Days Inventory or its related term are showing as below:

IVAC' s Days Inventory Range Over the Past 10 Years
Min: 141.88   Med: 159.81   Max: 523
Current: 523

During the past 13 years, Intevac's highest Days Inventory was 523.00. The lowest was 141.88. And the median was 159.81.

IVAC's Days Inventory is ranked worse than
97.24% of 2902 companies
in the Industrial Products industry
Industry Median: 119.93 vs IVAC: 523.00

Intevac's Days Inventory increased from Mar. 2023 (492.61) to Mar. 2024 (753.30). It might indicate that Intevac's sales slowed down.

Warning Sign:

If a company builds up inventory, it may mean it is having difficulties selling its goods.

Inventory Turnover measures how fast the company turns over its inventory within a year. Intevac's Inventory Turnover for the three months ended in Mar. 2024 was 0.12.

Inventory-to-Revenue determines the ability of a company to manage their inventory levels. It measures the percentage of Inventories the company currently has on hand to support the current amount of Revenue. Intevac's Inventory-to-Revenue for the three months ended in Mar. 2024 was 4.65.


Intevac Days Inventory Historical Data

The historical data trend for Intevac's Days Inventory can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

Intevac Days Inventory Chart

Intevac Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Days Inventory
Get a 7-Day Free Trial Premium Member Only Premium Member Only 148.93 286.22 159.43 315.96 415.18

Intevac Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
Days Inventory Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 492.61 530.89 372.53 567.25 753.30

Competitive Comparison of Intevac's Days Inventory

For the Specialty Industrial Machinery subindustry, Intevac's Days Inventory, along with its competitors' market caps and Days Inventory data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Intevac's Days Inventory Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, Intevac's Days Inventory distribution charts can be found below:

* The bar in red indicates where Intevac's Days Inventory falls into.



Intevac Days Inventory Calculation

Days Inventory indicates the number of days of goods in sales that a company has in the inventory.

Intevac's Days Inventory for the fiscal year that ended in Dec. 2023 is calculated as

Days Inventory (A: Dec. 2023 )
=Average Total Inventories / Cost of Goods Sold*Days in Period
=( (Total Inventories (A: Dec. 2022 ) + Total Inventories (A: Dec. 2023 )) / count ) / Cost of Goods Sold (A: Dec. 2023 )*Days in Period
=( (30.003 + 43.795) / 2 ) / 32.439*365
=36.899 / 32.439*365
=415.18

Intevac's Days Inventory for the quarter that ended in Mar. 2024 is calculated as:

Days Inventory (Q: Mar. 2024 )
=Average Total Inventories / Cost of Goods Sold*Days in Period
=( (Total Inventories (Q: Dec. 2023 ) + Total Inventories (Q: Mar. 2024 )) / count ) / Cost of Goods Sold (Q: Mar. 2024 )*Days in Period
=( (43.795 + 45.808) / 2 ) / 5.427*365 / 4
=44.8015 / 5.427*365 / 4
=753.30

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.


Intevac  (NAS:IVAC) Days Inventory Explanation

Days Inventory indicates the liquidity of the inventory. Generally, a lower Days Inventory is preferred as it indicates a shorter duration to clear off the inventory. An increase of the ratio may indicate the company's sales slowed. Similar ratios related to Days Inventory are:

1. Inventory Turnover measures how fast the company turns over its inventory within a year.

Intevac's Inventory Turnover for the three months ended in Mar. 2024 is calculated as

2. Inventory-to-Revenue determines the ability of a company to manage their inventory levels. It measures the percentage of Inventories the company currently has on hand to support the current amount of Revenue.

Intevac's Inventory to Revenue for the three months ended in Mar. 2024 is calculated as

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.


Be Aware

A lot of business are seasonable. It makes more sense to compare Days Inventory from the same period in the previous year instead of from the previous quarter.


Intevac Days Inventory Related Terms

Thank you for viewing the detailed overview of Intevac's Days Inventory provided by GuruFocus.com. Please click on the following links to see related term pages.


Intevac (Intevac) Business Description

Traded in Other Exchanges
Address
3560 Bassett Street, Santa Clara, CA, USA, 95054
Intevac Inc designs and develops high-productivity, thin-film processing systems. The company's production-proven platforms are designed for high-volume manufacturing of substrates with precise thin-film properties, such as the hard disk drive, display cover panel. The Thin Film Equipment segment also previously designed, developed and marketed manufacturing equipment for the photovoltaic solar cell and semiconductor packaging industries. Geographically, majority of revenue is generated from Asia.
Executives
Kevin Soulsby officer: Chief Financial Officer, 3560 BASSETT STREET, SANTA CLARA CA 95054
Nigel Hunton director, officer: President and CEO 3560 BASSETT STREET, SANTA CLARA CA 95056
Michele Klein director 469 MINOCA ROAD, PORTOLA VALLEY CA 94028
James P Moniz officer: Chief Financial Officer, 1383 E. CAMPBELL AVENUE, CAMPBELL CA 95008
Bleichroeder Lp 10 percent owner 1345 AVENUE OF THE AMERICAS, 47TH FLOOR, NEW YORK NY 10105
David S Dury director C/O INTEVAC INC, 3560 BASSETT STREET, SANTA CLARA CA 95054
Kevin D Barber director 1251 MCKAY DRIVE, SAN JOSE CA 95131
Dickinson Colin John officer: V.P. of Operations 3560 BASSETT STREET, SANTA CLARA CA 95054
Timothy Justyn officer: VP, Operations
Wendell Thomas Blonigan officer: President & CEO INTEVAC, INC., 3560 BASSETT STREET, SANTA CLARA CA 95054
Jay Cho officer: EVP & General Manager 3560 BASSETT STREET, SANTA CLARA CA 95054
Dorothy D Hayes director P.O. BOX 7850, ., MOUNTAIN VIEW CA 94039-7850
Stephen Jamison director 32 INDEPENDENCE ROAD, BEDFORD X1 01730
21 April Fund, Ltd. 10 percent owner Citco Fund Services (Cayman Islands) Ltd, Regatta Office Park West Bay Road, GRAND CAYMAN E9 KY1-1205
Mark Popovich director 24 MACKENZIE LANE, COTO DE CAZA X1 92679

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